Intercompany Analyst
Indexed description
Chevron markets Caltex® fuels, lubricants and other petroleum products in the Philippines. Our network of service stations, terminals and sales offices forms the backbone of our presence in the Philippines.
Chevron supports its operations in the Philippines and worldwide through two subsidiaries: Chevron Philippines Incorporated (CPI), which manages downstream operations and markets Caltex brand fuels, lubricants and petroleum products, and Chevron Holdings Incorporated (CHI), a global business services organization. Established in 1998, CHI provides business support services in finance and accounting, information technology, supply chain management, human resources, customer service and marketing. It serves Chevron affiliates around the world and has grown to be one of the leading global business services organizations in the Philippines. The company has received various recognition as one of the country’s top employers and as a champion of diversity and inclusion in the workplace.
At Chevron, we believe humanity can solve any challenge – including meeting the world’s energy needs of today, while advancing a cleaner energy tomorrow.
About The Role
We have an exciting opportunity for an Intercompany Analyst. This role will be based in 6750 Building, Makati City, Philippines.
Responsibilities Include, But Are Not Limited To, The Following
- Processing of intercompany transactions including the preparation of invoices for local in-country compliance
- Performs month end accounting close activities
- Intercompany account reconciliation and analysis including tracing and escalating intercompany imbalances and other open items
- Settlement and collection of intercompany balances
- Ensures proper procedures and controls to maintain accounting records that comply with GAAP and regulatory requirements
- Supports the customers’ other intercompany activities
- Coordinates special projects and other ad hoc roles and responsibilities as assigned by Team Leader / Manager
- Booking and sending of intercompany transmittals which include coordination of charges to be transferred from one consolidated Chevron company to another.
- Booking and billing of redirections and charge-outs which include cost center and suspense accounts clearing.
- Monthly Excellence in Reconciliation (XR) reconciliation and analysis of all intercompany receivable, payable and suspense balances of handled Chevron companies. This includes trace and escalation of imbalances for resolution and matching and clearing of open items in XR.
- Monthly intercompany settlement & collection of restricted balances.
- Preparation of intercompany invoices to comply with in-country regulations for selected companies.
- Quarterly accounts reconciliation and analysis (ARRS, Blackline and / or GARS) of intercompany GL accounts in accordance with FSS Accounts Reconciliation standards. This includes trace and escalation of reconciling items and reporting.
- Support other intercompany activities with customers and trading partner companies.
- Demonstrate process leadership by providing guidance to customers or trading partner company contacts on global Intercompany guidelines and policies and process standards.
- Exercise We Lead expectations in the day-to-day activities. Initiate and participate in process improvement efforts. Work to eliminate, streamline, standardize and automate own processes and processes within the team to improve efficiency and cost effectiveness.
- Practice fiduciary role by safeguarding company’s assets and taking ownership of own process.
- Follow proper procedures and controls to maintain accounting records that comply with GAAP, regulatory requirements, and Chevron’s accounting policies.\
- Participate as member of Intercompany Upstream Midstream and Downstream Team.
- Meet all requirements of Corporate Compliance functions including but not limited to Internal Controls, Information Protection,
- Conflict of Interest, and Environmental, Fire, Safety, and Health.
- Coordinate special projects and other ad hoc roles as assigned.
- Perform other administrative functions as required.
Knowledge, Skills, And Experience
- Bachelor's Degree in Accounting
- Good oral and written communication skills
- Strong analytical, teamwork and customer engagement skills
- Must have the propensity to work in a proactive, results-oriented, and customer-focused environment
- Enjoys working with people of diverse cultural backgrounds
- Experience in SAP, S4 Hana or JDE is an advantage, but not required
- Three years’ work experience preferably in an accounting or audit
- Competitive salary
- Allowances, medical and optical reimbursements
- Health care coverage for you and your eligible dependents
- Robust employee centered programs for health and wellness
- Time-off to promote healthy work-life balance or to care for your family
- Annual corporate incentive bonus when the company meets established goals
- Recognition & awards program
- Long-term savings plan
- Life insurance
- Career development opportunities to all employees through onboarding, training and development, mentoring, volunteering opportunities and employee networking groups
- Hybrid work model - work remotely from home several days a week
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